Report of the WGPD’s Chair Mr. Roberto Salcedo, Deputy Auditor General specialized in Performance Auditing Superior Audit Office of Mexico 10.09.2012

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ASF Meeting of the INTOSAI Working Group on Public Debt Helsinki, Finland September 10 – 12, 2012

Membership

Departure Addition SAI of the United Kingdom SAI of Canada SAI of China SAI of Indonesia SAI of Romania

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Relevant Events

WGPD’s Projects and activities (since Vilnus meeting in 2011) Report in the 3 rd Meeting of the KSC’s Steering Committee (Moscow  October 2011) 62 ° Meeting of the INTOSAI Governing Board (Vienna  October 2011) 21 ° OLACFES General Assembly (Caracas  October 2011) Joint Meeting of the WGPD and the Task Force Global Financial Crisis (Washington D.C.  April 2012.

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Relevant Events

Proper management of public debt for the world's economies.

Forum to share lessons learned and best practices on government audit.

Supreme Auditing is key for national ‘checks and balances’ systems.

Promote preventive measures to avoid future financial crises and mitigate the impact of public debt (developing countries).

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Relevant Events

Joint Meeting with TF Financial Crisis WGPD • Mission • Strategy • Activities • Products Agreements and coordination with TF Complete guideline (performance audit)

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Investigation Themes and Revision of ISSAIs

Purpose of the Strategic Plan Current global economic environment  implication for local regional, national and supranational WGPD’s contribution  studies, analysis and investigations

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Investigation Themes and Revision of ISSAIs

IDI Design and Execution of programs to strengthen capacities debt management  for the sound public

Transregional

programs for capacity building.

Reference  WGPD’s Products and experts’ cooperation.

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Investigation Themes and Revision of ISSAIs

Strengthen the analysis through investigation themes relevant to the public debt auditing  guidelines with solid technical arguments, accessible and understandable to all SAIs Conclude process regarding the study of ISSAIs published by the WG undertake updates  validity of contents and to guarantee the products’ utility (INTOSAI members’ advantage).

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Investigation Themes and Revision of ISSAIs Investigation Themes’ Process

EUA • Impact of financial crises on public debt Brasil • Evaluation of information systems related to public debt management

Due Process

 present as ISSAIs in the XXI INCOSAI (China) Mexico • Public Debt Management Office

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Investigation Themes and Revision of ISSAIs Investigation Themes’ Process

Ukraine “Contigent Debt” Initiative: parallel audits

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Investigation Themes and Revision of ISSAIs Investigation Themes’ Process ASF | 11

Investigation Themes and Revision of ISSAIs Investigation Themes’ Process

SAI of Canada Government support during financial crises: impacts on public debt and potential roles for SAIs Decisions to be taken Role to be performed in our insitutions

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Investigation Themes and Revision of ISSAIs Revision’s Process

SAI of Portugal and SAI of Mexico Joint Report on preliminary revision of the WGPD’s ISSAIs Specific revision scheme for each product  SAI (investigation theme) and volunteers Leader Meeting in Vilnius (2011) Opinions: SAIs of Canada, USA, Mexico and Portugal Comments & Contibution: SAIs of Austria, China, Lithuania, Moldova and Zambia

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WGPD’s Strategic Plan Update (anticipate and analyze) Updating process (aligned with INTOSAI Strategic Plan 2011-2016) 2007 - 2012 SAIs of Austria, Lithuania, Portugal and Mexico ASF | 14

WGPD’s Impact

Strategic Plan  process for the rigorous creation and approval of official products (guarantee quality and utility) Proposal to evaluate the impact of our work in the INTOSAI community

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INTOSAI Glossary

Mexican SAI Project (2009) WGPD Provided terms related to public debt audit Additional terminology (members’ approval)

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Network of Experts on Public Debt

Registration of experts on public debt auditing (design and implement trainning programs) Information update and/or complete pendant information

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WGPD’s Terms of Reference

Minor modifications because of changes in membership and adaptations Improve the collaborative work of the Working Group

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SAI’s Information Database

Developed by a Task Force (Goal 3) Official presentation in the XXI INCOSAI (China)

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